Oireachtas Joint and Select Committees
Thursday, 7 March 2013
Public Accounts Committee
2011 Appropriation Accounts and Annual Report of the Comptroller and Auditor General
Vote 6 - Office of the Minister for Finance
Chapter 1 - Financial Outturn for 2011
Chapter 2 - Government Debt
Chapter 3 - Banking and Insurance Measures
Chapter 5 - EU Financial Transactions
11:00 am
Ms Ann Nolan:
No, we do not have that estimation because it will depend. As the Deputy knows, all the loans will be offered for sale to anyone who wants to bid for them. The number of staff which NAMA will require will depend on how much of the loan book they actually acquire. For example, if they get all of it, they will need far more staff than if they get half of it.
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